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Two properties totaling 1.59 acres in Downtown Plano could be used for future redevelopment by the city.

Plano City Council approved purchasing the land for $2.5 million at a meeting June 8.

The gist: Two properties along 14th Street were purchased because of their proximity to a decommissioned water storage tank owned by the city on North Avenue, per city documents.

The background: The purchase was approved by the city’s Tax Increment Reinvestment Zone No. 2 board of directors at a meeting May 13, according to city documents.

Construction for a new high-rise luxury apartment and townhome project is scheduled to start June 2026.

What they offer: The new facility, known as The Parks at Legacy West, will have 261 high-rise residences at the tower with one, two and three-bedroom options according to a news release.

The background: The Parks is being constructed by StreetLights Residential, a Dallas-based development company, at the same location as the former JCPenney headquarters.

Check out five upcoming, ongoing and completed construction projects in the Dallas-Fort Worth area.

Upcoming projects

1. US 75 Green Ribbon project

Project: The work will add enhancements to landscaping, erosion control, irrigation and new decorative rock to key intersections along the US 75 corridor in Allen, including Stacy Road, McDermott Drive and Bethany Drive.

Update: Texas Department of Transportation officials authorized advertising the construction project in early June. Officials expect to award the construction project by October.

• Timeline: November 2026–March 2027
• Cost: $1.3 million
• Funding sources: TxDOT, city of Allen

• Timeline: estimated completion October 2026
• Cost: $23.64 million
• Funding source: town of Prosper

Three years after it was announced, Universal Kids Resort is set to open its doors in Frisco on July 1.

The details: The 97-acre site was intentionally designed on a smaller scale for young children and their families in mind, said Dan Cuffe, vice president and general manager of Universal Kids Resort. It will act as an introduction to the Universal experience, he said. The theme park has seven lands themed around characters, including the Minions, SpongeBob SquarePants and Shrek, set to take center stage and a hotel to anchor the resort.

“Universal Kids Resort has a distinctive look and feel from our existing parks because it was designed and built specifically for kids,” Cuffe said in an email.

Quote of note: “It’s going to be something that’s really unique about growing up in Frisco,” Mayor Jeff Cheney said. “It’s going to be kind of a big part of the Frisco DNA going forward.”